With a price movement of 6.54% Origin Protocol (OGN) has moved to the second spot on the crypto daily movers list. Studying the coin’s market chart reveals that it is trying to rise above an important support level, to gain more upside traction. Let’s check out the chances of this happening.
OGN Analysis Data
Origin Protocol Value Now: $0.09170
OGN Market Cap: $47,098,988
OGN Moving Supply: 509,855,677 OGN
Origin Protocol Total Supply: 1,000,000,000
OGN CoinMarketCap Ranking: 394
Major Price Levels:
Top: $0.09180, $0.09220, and $0.09250
Base: $0.09170, $0.09150, and $0.09120
Origin Protocol Price Movement Minimally Corrects Off a Resistance Level
On the OGN/USD daily market, price action has corrected slightly downward, after testing the 9-day Moving Average curve as resistance. This can be seen as a red but dashed-shaped price candle that appeared off the 9-day MA line. Also, the Moving Average Convergence Divergence indicator curves seem to have attempted a bullish crossover following the recent price increase. But as of now, the last red candle seems to have tinted the chances of such an occurrence.
OGN Price Movements May Proceed Upwards
Meanwhile, the OGN price movements have crossed above the 9- and 21-day MA lines on the 4-hour market. Also, although it doesn’t seem like much, a dashed-shaped green price candle has appeared above the two MA curves in the ongoing trading session. Furthermore, the MACD curves are still rising upward. However, the bars of this indicator are showing that the upside momentum is reducing. Nevertheless, price action seems to be more upside-biased at this point. So, traders can still anticipate a minimal upside price increase towards $0.09300.
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
